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AFKI Mining: Will Dodd-Frank Address The Roots Of Conflict?

By Andrew Friedman, 09:39am AFKI Original

When the District of Columbia Court of Appeals ruled on Dodd-Frank and determined that the SEC’s disclosure requirements were unconstitutional, it put future regulations in jeopardy. The SEC could move to create different rules tailored to lift the resource revenues from rebels’ pockets or could simply let the issue die. Regardless of what determination the commission makes, it is clear that fighting in the Congo and surrounding countries will remain until governance is strengthened, rebel groups cannot raise revenue by replacing the state and the root causes of the conflict are addressed.

Fighting For Share Of East African Pickup, Heavy Commercial Markets

Nairobi traffic jam
Photo: By Frank Mutulu, 10:31am AFKI Original

Demand for pickup trucks and heavy commercial vehicles in East Africa is driven by growth in agriculture, telecommunications, transportation and construction. In the pickup segment, small businesses are turning away from used cars and going for brand new ones, one local industry leader says. It’s a battle of the titans as Toyota Kenya, Simba Colt and General Motors […]

Do African Diplomats Shun Black-Owned US Businesses?

Mathilde Mukantabana, 
Rwanda's new Ambassador to the U.S. (center) and three other new East African ambassadors need to open more dialogue between their countries and black U.S. business owners, a Washington, D.C. expert said.
Photo: By Dana Sanchez, 02:28pm

Most African ambassadors to the U.S. have little engagement with the black community, especially with black business people, according to a Washington, D.C.-based PR and government-affairs expert. Raynard Jackson recently attended a reception for East Africa’s four new female ambassadors to the U.S. He challenged them in an open letter in DistrictChronicles to do a better job of engaging black U.S. business owners than their male predecessors.

10 Things You Didn’t Know About African Wild Dogs By Becca Blond, 02:45am AFKI Original

African wild dogs are one of Africa’s most endangered species with less than 5,000 left. Many are killed by cars. They have a distinct evolutionary line. The greatest number of wild dog packs are found in Zimbabwe, where you’ll have the best chance of seeing them on safari. A small number also live in South Africa, Botswana and Tanzania. Here are 10 things you didn’t know about African wild dogs.

10 Birds That Make Africa A Bird-Watching Paradise By Mark Rausch, 11:38am AFKI Original

Almost 2,500 bird species and 111 bird families have been seen in Africa. The African crowned eagle is bird of prey that soars above the savannas of sub-Saharan Africa like a boss, swooping down to feed on monkeys and other smallish-sized mammals. Weighing around eight pounds and with a wingspan that can approach six feet, it is a dominant winged creature that can hold court with lions. Here are 10 birds that make Africa a bird-watching paradise.

Latest News

  • Politics

    Do Africans Want Democracy? Answers May Surprise You

    Pre-test in Togo, by Richard Housseou
Photo: By Dana Sanchez, 03:09pm

    Opposition to one-party rule in Africa and support for democracy have risen substantially in the past decade, but most Africans don’t think they have democratic governments. Less than half of all Africans responding to an Afrobarometer survey consistently identify democracy as the only form of government they would ever wish to have, AllAfrica reports. “A deeply rooted demand for democracy apparently remains a minority public sentiment,” the report said.

  • Culture

    Broken Education System Linked to Labor Market Pitfalls

    By Makula Dunbar, 02:36pm

    A recent report on education and economy by the World Bank reveals that although 70 percent of African students complete primary school, the education being offered is nowhere near sufficient. According to Voice of America, struggles in mathematics and reading contributes to an overwhelming mismatch “between the education system and the labor market.” Seringe Mbaye Thiam, education minister of Senegal believes that the system should be divided into departments which research and correct missteps.

  • Electricity

    Botswana to Export Power to Zambia Under Zesco Deal

    Thinkstock By Makula Dunbar, 11:46am

    Zesco has signed a deal with Australia’s African Energy Resources to transmit power to Southern Province from the Aussie firm’s coal-fuelled station in Botswana. The memorandum of understanding (MoU) was signed for the importation of 300 megawatts of base load electricity power from the Sese Coal and Power project in Botswana. The Australian-based exploration company will undertake a desktop study to evaluate preferred options for the transmission and integration of power supply from Sese into Southern Province.

  • Business

    Air Namibia, Turkish Airlines Sign MOU to Tap Asian Market

    Thinkstock By Makula Dunbar, 10:51am

    The recently signed memorandum of understanding (MoU) between Air Namibia and Turkish Airlines is expected to eventually result in numerous business and tourism benefits for Namibia, an optimistic Honorary Consul for Namibia in Turkey, Hatem Yavuz, said yesterday.

    “If Air Namibia can cater for the Southern African Development Community (SADC) then the alliance with Turkish Airlines has the potential to turn Windhoek into a transit hub for the region,” Yavuz explained to New Era from Istanbul, Turkey

  • Oil & Gas

    Nigeria Favors Local Firms In $40 Billion Oil Contract Awards

    oil_barrel_stack_350_51c2ad3eba1c5 By Kevin Mwanza, 04:51am

    Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa’s top producer. Global commodity traders, refiners and Nigerian dealers jockey at an annual tender for access to the OPEC member’s prized crude oil, which is easy to refine and produces more high-value fuels

  • Politics

    UN Accuses South Sudanese Rebels Of Massacre In Bentiu

    By Kevin Mwanza, 04:31am

    South Sudanese rebels allied to former Vice President Riek Machar who seized the city of Bentiu last week killed hundreds of civilians seeking shelter there, after determining their ethnicity or nationality, the United Nations said. “These atrocities must be fully investigated and the perpetrators and their commanders shall be held accountable,” Raisedon Zenenga, the officer in charge of the UN mission in South Sudan, said in a statement on its website late on Tuesday.

  • Agriculture

    Ethiopia’s ‘Villagization’ Scheme To Attract Agricultural Investors Fails

    ethiopia farmer land tenure risk By Kevin Mwanza, 04:01am

    Gambella region’s former president Omod Obang Olum reported last year that 35,000 households had voluntarily moved from a target of 45,000. The official objective had been to cluster scattered households to make public service delivery more efficient. Critics such as Human Rights Watch said the underlying reason was to clear the way for agricultural investors, and that forced evictions overseen by soldiers involved rape and murder. The Ethiopian government refute the allegations.

  • Business

    Why The Dodd-Frank Act Will Do Little To Save Women In Congo Mines

    Thinkstock By Kevin Mwanza, 03:31am

    Bembeleza Mungo Akonkwa, 41, cradles her infant son and hunches slightly. “I have so much back pain,” she says, sitting in the backroom of a hotel restaurant in Congo’s South Kivu province. “I have pain in my uterus. So much pain. I’m unable to walk or to carry big things.” It’s worse when she menstruates; her periods last for two weeks and leave her barely able to stand. There’s no money for a doctor. “I don’t know what’s wrong,” she says. “It just hurts.”

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